POM ONLINE TEST

ANSWERS
1) Under this method, forecast is made on the basis of same type of event which had taken
somewhere else in the past. Historical Analogy Method
2) This method is similar to Time Series method. Extrapolation Method
3) Forecasting is the very basis of business planning.
4) According to Franklin G. Moore, Decision Making is a human and psychological
process.
5) Decision about location of the plant layout is the Basic decision.
6) How much capital is to be issued is the Organizational decision.
7) To declare Diwali bonus for the employees of the business is an example of Operative
decision.
8) Intuition is traditional method whereas Game Theory is modern method of Decision
Making.
9) Game theory is a part of Quantitative technique of Decision Making.
A Decision Tree can be represented vertically only. False
10) CPM was developed in 1957, and PERT was developed in 1958.
CPM was developed by Walker & Kelly
11) The first step in the decision-making process is identifying a problem.True
12) Programmed decision making is relatively simple and tends to rely heavily on previous
solutions.
13) A business schools statement that it strives for productive relationships with local
organizations is an example of a Policy.
14) Which of the following terms is associated with non-programmed decisions? Unique
15) Allocating weights to the criteria is the step in the decision-making process that occurs
between identifying the decision criteria and Developing the alternatives.
16) Decision making is (simplistically) typically described as which of the following?
Choosing among alternatives
17) Managers regularly use their intuition in decision making. True
18) The ideal situation for making decisions is low risk.
False
19) Selecting an alternative in the decision-making process is accomplished by Choosing the
alternative with the highest score.
20) Poorly structured problems Force managers to deal with incomplete or ambiguous
information.

Veerayatan Institute of Business Administration & Computer Applications

BBA Sem: I
Time: 30 minutes

Sr.
No.
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PRINCIPLES OF MANAGEMENT
ONLINE TEST RESULT

Name
Sumra Nazim
Parekh Bhavya
Patel Pratik
Haria Meet

Total Marks: 24
Date: 13/10/2014

Result
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19
18
18

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Sharma Diwakar
Pinjara Imran
Veera Bhoomi
Ansari Ataullah
Shethiya Pooja
Varya Moin
Parmar Sanjay.S
Maheshwari Ramesh
Mitesh Geraiya
Jadeja Meetendra Sinh
Joshi Mayur
Mothariya Meena
Jadeja Kuldipsinh
Chauhan Rajendrasinh
Memon Mubin
Bhatt Krupa
Maheshwari Mayur Murjibhai
Maheshwari Naresh
Vekriya Ankita
Joshi Neesha
Nanjar Pravin
Ravariya Chandresh
Dungariya Manoj
Sangar Ladhabhai
Sangar Jayshree
Chavda Dipesh
Prajapati Sunilkumar J
Soni Anjali
Dafda Rajesh
Dholu Mayur
Sindhi Adil Mamad

Hardik Solanki
(Class Teacher)

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